Press release
Top Market Shifts Transforming the SCADA Oil And Gas Market Landscape: Key Insights
SCADA Oil And Gas
What Is the Expected CAGR for the SCADA Oil And Gas Market Through 2025?
The market size of the scada oil and gas sector has seen significant expansion in the past few years. Its value is projected to increase from $4.42 billion in 2024 to $4.72 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.7%. This historical growth has been fuelled by factors such as the escalating intricacy of oil and gas procedures, the necessity for pipeline oversight, asset management demands, safety and regulatory compliance, as well as enhancements in efficiency and productivity.
What's the Projected Size of the Global SCADA Oil And Gas Market by 2029?
Predictions are indicating robust expansion in the SCADA oil and gas market in the coming years. The growth is expected to reach $6.43 billion in 2029, expanding at a compound annual growth rate (CAGR) of 8.1%. The progress during this forecasted period is largely credited to elements such as digital transformation projects, incorporation of renewable energy, utilization of predictive analytics, emphasis on environmental sustainability, and the need for remote operations. Key trends expected during this time consist of Industrial Internet of Things (IIoT) integration, enhancements in cybersecurity, SCADA solutions based on the cloud, remote observing and regulating, sophisticated data analytics and AI, and edge computing for immediate processing.
View the full report here:
https://www.thebusinessresearchcompany.com/report/scada-oil-and-gas-global-market-report
Top Growth Drivers in the SCADA Oil And Gas Industry: What's Accelerating the Market?
The expansion of the oil and gas market, fuelled by escalating demand, is predicted to drive growth in the SCADA oil and gas market. The oil and gas industries are important sectors within the energy market, functioning as key sources of primary fuel globally. SCADA, or Supervisory Control and Data Acquisition, is a sophisticated control system that manages real-time processes applicable to oil and gas collection, transmission, and distribution. For example, the U.S. Energy Information Administration (eia), a US government agency, reported in April 2024 that the electric power sector saw the most substantial increase in natural gas consumption among U.S. economic sectors in 2023, jumping 7% (2.2 Bcf/d) from 33.2 Bcf/d in 2022 to a record peak of 35.4 Bcf/d. Therefore, the rising demand in the oil and gas market is a key driver in the growth of the SCADA oil and gas market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9217&type=smp
What Trends Will Shape the SCADA Oil And Gas Market Through 2029 and Beyond?
The emergence of product innovation is a significant trend gaining traction in the SCADA oil and gas industry, as key companies in the market compete to strengthen their positions through the development of innovative products. For instance, in February 2022, GE Digital, an American software firm, introduced an upgraded version of its ingenious CIMPLICITY 2022 HMI/SCADA software. This secure-by-design automation platform offers authentic client/server visualization and control, extending from single machines to international plant locations, thereby aiding industrial firms in operation management, supporting connected workers, and facilitating quick value realization with minimal or no-code innovation. Additionally, this latest release provides the choice to install either on-site, in the cloud, or in a mixed architecture to reduce infrastructure and maintenance costs. The innovative operator interfaces of CIMPLICITY and its reliable, real-time monitoring feature provide meaningful assistance to power utility operators working with GE Gas Power's gas turbine fleet.
What Are the Main Segments in the SCADA Oil And Gas Market?
The SCADA oil and gas market covered in this report is segmented -
1) By Type: Supervisory Control System, Data Acquisition System
2) By System: Hardware, Software, Services
3) By Industry: Upstream, Midstream, Downstream
Subsegments:
1) By Supervisory Control System: Centralized Supervisory Control Systems, Decentralized Supervisory Control Systems
2) By Data Acquisition System: Remote Terminal Units (RTUs), Programmable Logic Controllers (PLCs), Data Communication Systems
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9217&type=smp
Which Top Companies are Driving Growth in the SCADA Oil And Gas Market?
Major companies operating in the SCADA oil and gas market include ABB Ltd., General Electric Company, Schneider Electric SE, Rockwell Automation Inc., Siemens AG, Emerson Electric Co., ICONICS Inc., Mitsubishi Electric Corporation, Yokogawa Electric Corporation, Honeywell International Inc., PSI Software AG, Orbcomm Inc., Bentek Systems, Larsen & Toubro Technology Services Limited, Omron Corporation, Inductive Automation, Weatherford International plc, Technical Toolboxes Inc., Avanceon Limited, TRC Advanced Technologies Inc., International Business Machines Corporation, Honeywell Process Solutions, Parametric Technology Corporation, AVEVA Group plc, CGG SA, Aucotec AG, eLynx Technologies LLC, Petrolink Services Inc., Apergy Corporation, Petrotechnics Ltd, Kepware Technologies, EnergySys Limited, Genscape Inc., P2 Energy Solutions LLC, Quorum Business Solutions Inc., Zedi Inc., WellAware Holdings Inc.
Which Regions Will Dominate the SCADA Oil And Gas Market Through 2029?
North America was the largest region in the SCADA oil and gas market in 2024. The regions covered in the SCADA oil and gas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9217
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Top Market Shifts Transforming the SCADA Oil And Gas Market Landscape: Key Insights here
News-ID: 4089024 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for SCADA
SCADA System Market Key insights
Supervisory Control and Data Acquisition (SCADA) system aims to control and monitor field devices at the remote sites. SCADA systems are very crucial as they help in maintaining the efficiency by collecting and processing real time data. With real time data, businesses, governments, and individuals are able to make data driven decisions regarding improving their processes. SCADA system find applications in industries such as energy & power, oil & gas,…
SCADA Oil And Gas Market Report 2024 - SCADA Oil And Gas Market Growth, Trends A …
"The Business Research Company recently released a comprehensive report on the Global SCADA Oil And Gas Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The scada…
SCADA Market Size, Market Analysis | SCADA Industry Future Growth, Share, Market …
Global SCADA Market Report provides a detailed industry overview along with the analysis of Cost Structure, Supply Chain, Development Techniques, Retailers Analysis, Financial Support, business Strategies, Marketing Channels. Global SCADA Market research report provides a point-by-pointIn-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade regulations, recent developments,…
Global SCADA Market Research Report 2018
This report thinks about the Global SCADA Market showcase status and figure, arranges the Global SCADA Market advertise estimate (esteem and volume) by producers, type, application, and district. This report centers on the best producers in the United States, South Korea, and Taiwan and different districts.
Get sample copy of report:
https://www.marketdensity.com/contact?ref=Sample&reportid=5688
Table of Contents
1 SCADA Market Overview
1.1 Product Overview and Scope of SCADA
1.2 SCADA Segment by Type (Product Category)…
Growth In SCADA Systems Adoption
The global relay and industrial control manufacturing market, a part of the electrical and electronics manufacturing industry, grew at a compound annual growth rate (CAGR) of around 8% during the historic period. The electrical and electronics manufacturing industry showed a steady growth. The growth is mainly due to high demand for motor starters and controllers from automobile, FMCG and machinery manufacturing industries.
In the forecast period, the global relay and…
SCADA Market 2018 Global Key Leaders: SCADA are ABB, IBM Corporation, Rockwell A …
SCADA Market Overview:
This report covers current events and trends in the market for SCADA to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts are able to make highly accurate projections. MRFR’s report includes a thorough analysis of the global SCADA Market segmented on the basis of component, deployment, end-user, and region with astute insights.
The report has been prepared to…
